New York-listed Chinese tech firms could soon be forced to leave the US market after the country's SEC started implementing a law to remove foreign firms that did not comply with accounting standards
The company reported a dip in quarterly net sales, which also missed analysts' expectations, and a decline in gross margins
GameStop was trading 14.5% higher at $282.73 before the bell, on course for a sixth straight session of gains
"There is clearly some froth in the US market for SPACs," London Stock Exchange Chief Executive David Schwimmer told reporters
As many as 98.78 per cent votes were cast in favour of the resolution to authorise the bank to raise capital through issuance of equity shares or other securities, Yes Bank said in a regulatory filing
Singles out Apple among top three valuable holdings; snaps up record $24.7 billion of own stock
Bond yields in the US are up nearly 100 basis points from their lows in June last year, while the Nifty P/E remains close to a 25-year high of around 40x
GameStop shares hit $160 at the open before being halted after several minutes of trading and fell to around $129 before the second halt
LONDON (Reuters) - The $6.2 billion-an-hour rise in the value of world stocks since March was dubbed the "mother of all asset bubbles" by BofA analysts last week - and all of a sudden there is a high-pitched hissing sound.
The stock dropped as much as 12% to $627.10 in New York on Tuesday
NEW YORK (Reuters) - The dollar lost ground on Thursday, ending its first two-day winning streak in two weeks as disappointing labor market data tempered expectations for a speedy economic recovery from the global health crisis.
The company cut its Apple stake, still holds $120 bn
Any Buffett disciple who checks in on the billionaire investor's favourite market valuation metric these days may get the urge to shriek in terror
GameStop's market value soared from $1.4 billion on Jan. 11 to a peak of $33.7 billion on Jan. 28
NEW YORK (Reuters) - The S&P 500 was down slightly in volatile trading while MSCI's gauge of stocks across the globe was barely higher on Wednesday, pausing after recent gains, while the dollar dropped to two-week lows.
Swaggystocks, which aggregates sentiment on shares talked about in the WallStreetBets forum, showed Tilray was the most upvoted stock in the group
The average price target of analysts tracked by Refinitiv on the company is $13.44
The Dow Jones Industrial Average fell 25.9 points, or 0.08%, at the open to 31359.88
J&J files Covid-19 vaccine application with the FDA; Indexes up: Dow 0.48%, S&P 0.37%, Nasdaq 0.11%
The firm's explosive growth was derailed last year by accounting fraud